By Hal M. Bundrick | NerdWallet
Mortgage rates are sharply higher today, with the largest gain being registered by 30-year mortgages. It’s the first average price hike for the long-term loan since June 30.
Other mortgage terms moved only slightly higher, though still reversing a general trend of lower or stable home loan interest rates.
The NerdWallet Mortgage Rate Index compiles annual percentage rates — lender interest rates plus fees, the most accurate way for consumers to compare rates. Here are today’s average rates for the most popular loan terms: